Advanced Micro Devices, Inc. $AMD Shares Bought by Jennison Associates LLC

Jennison Associates LLC grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 181.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,910,310 shares of the semiconductor manufacturer’s stock after purchasing an additional 7,035,991 shares during the period. Advanced Micro Devices makes up 1.4% of Jennison Associates LLC’s holdings, making the stock its 21st biggest holding. Jennison Associates LLC’s holdings in Advanced Micro Devices were worth $2,336,552,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. HHM Wealth Advisors LLC boosted its position in Advanced Micro Devices by 2.4% in the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after buying an additional 40 shares during the last quarter. James J. Burns & Company LLC boosted its position in Advanced Micro Devices by 2.3% in the 4th quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer’s stock valued at $389,000 after buying an additional 40 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its position in Advanced Micro Devices by 0.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after buying an additional 43 shares during the last quarter. Moseley Investment Management Inc. boosted its position in Advanced Micro Devices by 0.5% in the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock valued at $1,437,000 after buying an additional 44 shares during the last quarter. Finally, OneAscent Family Office LLC boosted its position in Advanced Micro Devices by 2.6% in the 3rd quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock valued at $284,000 after buying an additional 44 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $339.40 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. Advanced Micro Devices, Inc. has a one year low of $96.45 and a one year high of $352.99. The company’s 50-day simple moving average is $229.49 and its 200-day simple moving average is $227.35. The stock has a market capitalization of $553.33 billion, a price-to-earnings ratio of 127.74, a PEG ratio of 1.21 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same quarter last year, the company posted $1.09 earnings per share. The company’s quarterly revenue was up 34.1% compared to the same quarter last year. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current fiscal year.

Advanced Micro Devices News Summary

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Analyst price‑target lift — Susquehanna and other boutiques raised targets (Susquehanna to $375), citing EPYC server CPU share gains and an AI‑accelerator ramp that underpins the rally. Read More.
• Positive Sentiment: Big‑tech capex/earnings support AI chip demand — Earnings and spending guidance from large cloud and social platforms are being interpreted as continued hyperscaler GPU/CPU spending that benefits AMD. Read More.
• Positive Sentiment: Upgraded street forecasts — Erste Group raised FY2026/FY2027 EPS estimates, improving forward earnings visibility. Read More.
• Positive Sentiment: Product roadmap catalyst — AMD announced its “Advancing AI 2026” developer event (July), which could introduce next‑gen Instinct GPUs and EPYC updates that re‑accelerate sentiment. Read More.
• Neutral Sentiment: Near‑term earnings catalyst — Q1 results on May 5 are the clear short‑term driver; AMD’s strong history of beats gives a runway for upside but raises execution risk if guidance misses. Read More.
• Neutral Sentiment: Insider sale was pre‑arranged — EVP Mark Papermaster sold shares under a 10b5‑1 plan; disclosure tempers negative optics but may be noted by traders. Read More.
• Neutral Sentiment: Options and institutional activity — Heavy institutional ownership and option hedging activity suggest investors are protecting gains while retaining upside exposure. Read More.
• Negative Sentiment: OpenAI revenue/user shortfall hit the sector — Reports that OpenAI missed targets sparked a selloff in AI‑chip names and directly pressured AMD in recent sessions. Read More.
• Negative Sentiment: Analyst downgrade and profit‑taking — Northland cut to Market Perform and some funds (including ARK) trimmed positions after the rapid rally, amplifying near‑term selling pressure. Read More. Read More.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the transaction, the executive vice president directly owned 129,598 shares in the company, valued at $26,550,742.26. This represents a 5.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 304,672 shares of company stock worth $70,135,070. Insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Sanford C. Bernstein upped their price objective on shares of Advanced Micro Devices from $235.00 to $265.00 and gave the company a “market perform” rating in a research report on Thursday, April 16th. Erste Group Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Mizuho increased their price target on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $297.49.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.